IoT Monetization Market Research Report, Size, Share, Trends and Forecast to 2023-2028
The latest report by IMARC Group, titled “ IoT Monetization Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, offers a comprehensive analysis of the industry, which comprises insights on the market. The global IoT monetization market size reached US$ 279 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,150 Billion by 2028, exhibiting a growth rate (CAGR) of 38% during 2023-2028. Factors Affecting the Growth of the Global IoT Monetization Industry: Increasing Proliferation of Connected Devices: One of the primary drivers fueling the IoT monetization market is the exponential growth in the number of connected devices. As the Internet of Things (IoT) continues to expand, an ever-increasing array of devices, from smartphones and smart home appliances to industrial sensors and autonomous vehicles, are becoming connected to the internet. This proliferation creates vast amounts of data and opportunities for monetization....